MetLife Announces First Quarter 2017 Preferred Stock Dividend Action, Subject to Final Confirmation
February 17 2017 - 4:15PM
Business Wire
MetLife, Inc. (NYSE:MET) today announced that it has declared a
first quarter 2017 dividend of $0.25 per share on the company’s
floating rate non-cumulative preferred stock, Series A (NYSE:
METPrA), subject to the final confirmation that it has met the
financial tests specified in the certificate of designations for
the Series A preferred stock, which the company anticipates will be
made and announced on or about March 6, 2017.
The New York Stock Exchange has not yet set an ex-dividend date
for the Series A preferred stock. Following MetLife’s confirmatory
announcement on or about March 6, 2017, the New York Stock Exchange
will set an ex-dividend date for the Series A preferred stock. The
dividend will be payable March 15, 2017, to shareholders of record
as of Feb. 28, 2017.
About MetLife
MetLife, Inc. (NYSE:MET), through its subsidiaries and
affiliates ("MetLife"), is one of the largest life insurance
companies in the world. Founded in 1868, MetLife is a global
provider of life insurance, annuities, employee benefits and asset
management. Serving approximately 100 million customers, MetLife
has operations in nearly 50 countries and holds leading market
positions in the United States, Japan, Latin America, Asia, Europe
and the Middle East. For more information, visit
www.metlife.com.
Forward-Looking Statements
This news release may contain or incorporate by reference
information that includes or is based upon forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements give expectations or
forecasts of future events. These statements can be identified by
the fact that they do not relate strictly to historical or current
facts. They use words such as “anticipate,” “estimate,” “expect,”
“project,” “intend,” “plan,” “believe” and other words and terms of
similar meaning, or are tied to future periods, in connection with
a discussion of future operating or financial performance. In
particular, these include statements relating to future actions,
prospective services or products, future performance or results of
current and anticipated services or products, sales efforts,
expenses, the outcome of contingencies such as legal proceedings,
trends in operations and financial results.
Any or all forward-looking statements may turn out to be wrong.
They can be affected by inaccurate assumptions or by known or
unknown risks and uncertainties. Many such factors will be
important in determining the actual future results of MetLife,
Inc., its subsidiaries and affiliates. These statements are based
on current expectations and the current economic environment. They
involve a number of risks and uncertainties that are difficult to
predict. These statements are not guarantees of future performance.
Actual results could differ materially from those expressed or
implied in the forward-looking statements. Risks, uncertainties,
and other factors that might cause such differences include the
risks, uncertainties and other factors identified in MetLife,
Inc.’s most recent Annual Report on Form 10-K (the "Annual Report")
filed with the U.S. Securities and Exchange Commission (the "SEC"),
any Quarterly Reports on Form 10-Q filed by MetLife, Inc. with the
SEC after the date of the Annual Report under the captions "Note
Regarding Forward-Looking Statements" and "Risk Factors," and other
filings MetLife, Inc. makes with the SEC. MetLife, Inc. does not
undertake any obligation to publicly correct or update any
forward-looking statement if MetLife, Inc. later becomes aware that
such statement is not likely to be achieved. Please consult any
further disclosures MetLife, Inc. makes on related subjects in
reports to the SEC.
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MetLifeFor Media:Jillian Palash, (212) 578-1538orFor
Investors:John Hall, (212) 578-7888
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